UCC

The Uniform Commercial Code (UCC), which was initially introduced in 1952, is one of the uniform acts which have been put into law, to govern the purchase/sale agreements in the United States and internationally, dealing with commercial transactions and other business dealings. All 50 states have adopted the UCC, the District of Columbia, and U.S Territories have also adopted the acts, in an attempt to better manage commercial transactions in the country.

The National Law Review features news, stories, and legal information dealing with commercial transactions and contracts which are entered into, by parties agreeing to terms laid out in the UCC. News coverage on the site includes topics for both individuals and business entities, who are doing business outside of their home state. The UCC is effective when individuals and businesses, from different states, intend to do business or contract to do business, across state borders. The National Law Review covers the latest stories and transactions, and litigation, which deals with terms of sale, contract terms, and parties who don’t comply with contract terms, as they are laid out by the Uniform Code.

Breach of confidentiality, breach of contract terms, implied warranty of merchantability, materiality provisions, indemnification terms, insurance, products liability, requirements contracts, clickwrap agreements, deposit account control agreements, and other news, stories, and litigation, related to the UCC, are covered by the National Law Review. Visitors can also read about topics such as duty of care owed by contracting parties, contractual limitations imposed on parties, lessee's rights and duties, buyer’s remedies and obligations, and other terms which are specific to commercial transactions, by parties that are bound by the Uniform Commercial Code based upon the type of goods/services, and the amount in question.

 

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Custom text Title Organization
Dec
31
2014
Review Twice, File Once, Review Again; UCC-3 Termination Intent Irrelevant Bilzin Sumberg
Dec
29
2014
Corporate Executives Sentenced to Prison for $3.4M Kickback Scheme Jackson Lewis P.C.
Dec
22
2014
Planning Ahead to Arbitration – Important Considerations for Investors Covington & Burling LLP
Dec
16
2014
Fraudulent Concealment Will Toll Statute of Limitations on Payment Bonds Against Innocent Surety Barnes & Thornburg LLP
Dec
16
2014
New Illinois Ruling Enforces Cause of Action Accrual Provisions and Holds that Express Indemnity Claims In A Construction Contract Are Subject to a 10 Year Statute of Limitations Barnes & Thornburg LLP
Dec
15
2014
Architect’s Markings on Drawings Did Not Trump Terms of Construction Contract Barnes & Thornburg LLP
Dec
15
2014
New Disability Regulations Withstand Continued Challenge Jackson Lewis P.C.
Dec
14
2014
Article 29 Working Party Publishes Working Document Setting Out Cooperation Procedure for Issuing Common Opinions on Contractual Clauses Covington & Burling LLP
Dec
11
2014
Mistaken Termination of Financing Statement Proves Costly to Lender Barnes & Thornburg LLP
Dec
11
2014
OFCCP Provides New FAQs on Scheduling Letter And Compensation Data Proskauer Rose LLP
Dec
10
2014
Applying Delaware’s Direct vs. Derivative Analysis to Contract Claims Proskauer Rose LLP
Dec
10
2014
Today’s Contracts Enforceability Issues, Part II: Those Pesky Forum Selection Clauses Much Shelist, P.C.
Dec
6
2014
Noticewrap? Is that even a thing? Morgan, Lewis & Bockius LLP
Dec
2
2014
Liability for Stolen Goods: A Four Thousand Year Old and Still Unsolved Problem Allen Matkins Leck Gamble Mallory & Natsis LLP
Dec
2
2014
China Arbitration Update: New CIETAC Rules Effective January 1, 2015 (China International Economic & Trade Arbitration Commission) Sheppard, Mullin, Richter & Hampton LLP
Nov
28
2014
A Drafting Reminder: Remember the Recitals - Commercial Contracts Steptoe & Johnson PLLC
Nov
28
2014
Regulatory Documents Can Be Contracts: The Wetlands Mitigation Bank Example Greenberg Traurig, LLP
Nov
24
2014
Asset Purchase: Initial Considerations McBrayer, McGinnis, Leslie and Kirkland, PLLC
Nov
24
2014
Unions Winning More Elections, but Facing Diminishing Returns Jackson Lewis P.C.
Nov
21
2014
Do Some California Companies Already Have Fee-Shifting Provisions (And Not Know It)? Allen Matkins Leck Gamble Mallory & Natsis LLP
Nov
12
2014
UCC Four-Year Limitation Barred Claim Seeking Payment For Sale Of Goods Heyl, Royster, Voelker & Allen, P.C.
Nov
11
2014
Exculpatory Release Protected Illinois Fitness Center and Its Instructor Heyl, Royster, Voelker & Allen, P.C.
Nov
6
2014
UK Parliamentarians Seek FOIA Changes To Force Private Sector Suppliers To Disclose NHS Contract Details Covington & Burling LLP
Nov
6
2014
Whose Burden Is it to Check for Mistakes in UCC Filings? Delaware Supreme Court Flips Bankruptcy Court’s Ruling in GM Bankruptcy Case Barnes & Thornburg LLP
Nov
5
2014
Divestitures and Managing Software Licensing Exposure Morgan, Lewis & Bockius LLP
Nov
3
2014
Information Services Group (ISG) Forecasts Busy Fourth Quarter for a Strong 2014 Finish Morgan, Lewis & Bockius LLP
Oct
30
2014
Understanding Local Content Policies in Africa’s Petroleum Sector Hunton Andrews Kurth
Oct
30
2014
East African Joint Operating Agreement: What Price Default? Hunton Andrews Kurth
Oct
30
2014
Contract Corner: Cybersecurity (Part 3) Morgan, Lewis & Bockius LLP
Oct
28
2014
FinCEN Releases Two Rulings Classifying a Bitcoin Payment System and Virtual Currency Trading Platform as Money Services Businesses (MSBs) Proskauer Rose LLP
Oct
24
2014
Another One Bites the Dust – Court Strikes Down Non-Solicitation Agreement as Overbroad under New York Law Mintz
Oct
23
2014
Bankruptcy Courts Fail to Enlighten on Electricity as Goods or Services McDermott Will & Emery
Oct
23
2014
If Bylaws Are Contracts, Where’s The Boilerplate? Allen Matkins Leck Gamble Mallory & Natsis LLP
Oct
22
2014
Contract Corner: Cybersecurity (Part 2) Morgan, Lewis & Bockius LLP
Oct
17
2014
The Legality of “Kye” Loans in Korean Immigrant Communities Faegre Drinker
 

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